Sava Management Presented the Renewed Development Strategy Until 2012

KRANJ (Slovenia), Jan 14, 2010 -- (InPR) -- At today's [January 13] press conference, the Board of Management of Sava d.d. presented the Strategic Guidelines and Goals of the Sava Group and Sava d.d. for the next 3-year period, until 2012, and main characteristics of the 2010 business plan. In this strategic period Sava Group companies plan to achieve further growth in its result despite unfavourable and uncertain circumstances. In introduction to the presentation of the 2010-2012 strategy Janez Bohoric, chairman of the Board of Management of Sava d.d., presents the successful implementation of the development strategy of Sava after 1997 when Sava sold the tyre business to the Goodyear corporation and entered a new strategic path. The volume of operations increased several fold in this period along with the growth in Sava Group assets. The 2010-2012 strategy represents the implementation of long-term goals that Group has set: growth in Sava Group assets, a portfolio of globally competitive products and services (strategy TOP 3/2/1), highly trained employees and developed efficiency culture, increased return on capital, long-term growth in the value of financial investments and sustainable development of operations. The current situation of the rapidly changing and uncertain business environment demands for well-developed anticipation, quick response and adaptability. Sava has been proving such ability through 90 years of its existence. In the financial data, the 2010-2012 strategy of the Sava Group considers a portfolio of the existing Group operations, which will further develop. He emphasises that in the future the structure of Sava Group portfolio could change and a gain on focus, which the Group management will implement through preparation of additional case scenarios and adapting to the economic environment on an ongoing basis.